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SCORPION-xisa [38]
3 years ago
9

Kellyanne hired Joshua from Southwest University. He was an amazing employee and exceeded all her expectations. The next year, s

he received an application for a job opening from another graduate from Southwest University. She was very excited to hire another outstanding candidate. Kellyanne has ________.
Business
1 answer:
Anastasy [175]3 years ago
7 0

Answer:

Representativeness heuristic bias

Explanation:

Representativeness heuristic bias occurs when there are similar events whose probability of occurrence is assumed to be the same. People mistakenly assume there is a close relationship between the two events than there really is.

For example of John is a lawyer, he is judged to be a lawyer because of expression of various traits associated with lawyers.

Kellyanne hired Joshua from Southwest University. Because of his outstanding performance, it is assumed that other considered from Southwest University will also perform outstandingly.

This is a form of representativeness heuristic bias

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pishuonlain [190]

Firms that can employ and establish <u>isolating mechanisms</u> are more likely to protect their competitive advantage from being copied and/or eroding away.

Isolation mechanisms:

A company is able to maintain its competitive edge for a longer period of time if it can stop a rival from copying the resource or capability that provides it that advantage. Isolation mechanisms is the name of this technique. For instance, a patent is a legitimate tool to stop imitation.

A firm's objective is to have a prolonged competitive advantage when a resource or capability gives the firm an advantage over competitors for an extended period of time. The industry will determine how long a company can preserve a competitive advantage.

If a business can maintain a competitive edge for a year in a fast-moving field like information technology or quick fashion, it may be quite happy. In an industry with less frequent changes, such as feminine hygiene, a persistent competitive advantage may remain considerably longer.

A sustainable competitive edge cannot be maintained by any company indefinitely. The competition is constantly working to improve its own competitive edge.

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7 0
2 years ago
5. Explain one reason homeowners might lose their home?
Paladinen [302]

Answer:

if they have not paid their bills on the home and "refuse to" they can lose the house or if they are "horders" and don't follow the rules set by law enforcement and clean their house in the designated time, the house will be taken away from the homeowners and be torn down

6 0
3 years ago
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Answer:

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